Atlantic City, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CaringHouse Projects Inc, founded in 1983, is a mid-sized nonprofit that reported $62.8M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $56.1M left a modest 11% surplus.
Our mission is to communicate the love and work of Jesus Christ Our Lord for all peoples through serving the frail, impaired aged and disabled young adults. These ministries reach out to accomplish the following for as many in need as possible: Prevent institutional placement by providing community-based alternatives. Provide respite and support for families and other care givers. Present a "today-worth-the-living" to the frail and impaired elderly, and disabled young adults.
CaringHouse residences provide care, comfort and therapeutic services, and community based living arrangements for developmentally disabled individuals who cannot live alone. The Organization manages...
CaringHouse residences provide care, comfort and therapeutic services, and community based living arrangements for developmentally disabled individuals who cannot live alone. The Organization manages fifty-four group homes located throughout New Jersey plus two supportive housing programs.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $62,829,171 | $54,572,882 | +0.2% |
| Expenses | $56,147,503 | $46,133,672 | +0.2% |
| Net Income | $6,681,668 | $8,439,210 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| James Darcy | Board Chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Bob Conover | Board Vice Chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| N Lynne Hughes Esq | Board Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Laura Campbell | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Anthony Harris | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Lou Blumberg | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Joseph Dougherty Esq | Exec Director Operations | 33.80 |
Officer
|
$0 | $187,113 | $773,633 |
| Brian P Curran | Exec Director Finance | 33.80 |
Officer
|
$0 | $154,110 | $684,540 |
| Naomi Miller | Project Director | 45.00 |
Key Emp
|
$338,540 | $102,638 | $441,178 |
| Gwenetta Townsel | Employee | 40.00 |
Highest
|
$284,883 | $39,278 | $324,161 |
| Fannie Smith | Employee | 40.00 |
Highest
|
$242,271 | $36,340 | $278,611 |
| Benjamin Ballesteros | Employee | 40.00 |
Highest
|
$229,658 | $16,076 | $245,734 |
| Micheline Morisseau-Beaufils | Employee | 40.00 |
Highest
|
$208,803 | $33,952 | $242,755 |
| Joseph Dumas | Employee | 40.00 |
Highest
|
$163,016 | $20,036 | $183,052 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $62,829,171 | $56,147,503 | $56,317,375 | $6,681,668 |
| 2024 | $54,572,882 | $46,133,672 | $49,325,990 | $8,439,210 |
| 2023 | $48,059,034 | $43,672,948 | $40,639,794 | $4,386,086 |
| 2022 | $47,839,367 | $38,206,931 | $35,651,045 | $9,632,436 |
| 2021 | $45,941,026 | $34,793,039 | $25,850,467 | $11,147,987 |
| 2020 | $35,602,625 | $30,714,290 | $14,397,844 | $4,888,335 |
| 2019 | $32,956,043 | $28,724,963 | $10,552,573 | $4,231,080 |
| 2018 | $28,005,215 | $27,230,845 | $6,870,749 | $774,370 |
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